Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY) SVP Jay L. Tobin sold 7,500 shares of the stock in a transaction that occurred on Monday, October 10th. The stock was sold at an average price of $39.92, for a total transaction of $299,400.00. Following the completion of the sale, the senior vice president now directly owns 109,571 shares of the company’s stock, valued at $4,374,074.32. The transaction was disclosed in a filing with the SEC, which is available at this link.

Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY) opened at 41.08 on Friday. Dave & Buster’s Entertainment Inc. has a 52-week low of $29.54 and a 52-week high of $49.90. The stock’s 50 day moving average price is $41.77 and its 200-day moving average price is $42.56. The company has a market capitalization of $1.73 billion, a P/E ratio of 22.18 and a beta of 0.61.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last announced its quarterly earnings results on Tuesday, September 6th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.44 by $0.06. Dave & Buster’s Entertainment had a return on equity of 22.08% and a net margin of 8.59%. The company earned $244.30 million during the quarter. During the same period in the previous year, the firm posted $0.40 earnings per share. The company’s revenue was up 12.4% compared to the same quarter last year. Analysts predict that Dave & Buster’s Entertainment Inc. will post $1.94 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Pacad Investment Ltd. bought a new position in shares of Dave & Buster’s Entertainment during the first quarter worth about $380,000. Teachers Advisors Inc. increased its position in shares of Dave & Buster’s Entertainment by 14.3% in the first quarter. Teachers Advisors Inc. now owns 223,618 shares of the company’s stock worth $8,672,000 after buying an additional 27,982 shares during the last quarter. BlackRock Group LTD increased its position in shares of Dave & Buster’s Entertainment by 69.8% in the first quarter. BlackRock Group LTD now owns 31,427 shares of the company’s stock worth $1,218,000 after buying an additional 12,918 shares during the last quarter. Royce & Associates LP bought a new position in shares of Dave & Buster’s Entertainment during the first quarter worth about $2,715,000. Finally, Menta Capital LLC increased its position in shares of Dave & Buster’s Entertainment by 174.2% in the first quarter. Menta Capital LLC now owns 17,000 shares of the company’s stock worth $659,000 after buying an additional 10,800 shares during the last quarter.

A number of equities research analysts have issued reports on PLAY shares. Zacks Investment Research lowered shares of Dave & Buster’s Entertainment from a “strong-buy” rating to a “sell” rating in a report on Wednesday, August 10th. BMO Capital Markets reaffirmed a “buy” rating and set a $51.00 price objective on shares of Dave & Buster’s Entertainment in a report on Thursday, September 1st. Piper Jaffray Cos. reaffirmed an “overweight” rating and set a $51.00 price objective on shares of Dave & Buster’s Entertainment in a report on Wednesday, August 31st. Jefferies Group reaffirmed a “buy” rating and set a $50.00 price objective on shares of Dave & Buster’s Entertainment in a report on Wednesday, September 7th. Finally, Canaccord Genuity started coverage on shares of Dave & Buster’s Entertainment in a report on Monday, August 22nd. They set a “buy” rating and a $52.00 price objective for the company. One analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $47.29.